Savings from Going Electronic

Electronic pay is a more convenient way to pay wages to your employees, versus paper checks.

There are two common forms of electronic pay – Direct Deposit and Prepaid Payroll cards.

Direct Deposit is the most popular form of electronic pay. By depositing wages directly into your employees' bank accounts, employers have a convenient, paper-saving alternative to printed checks.

Prepaid Payroll cards are a great payroll solution for employers with employees who do not have a relationship with a bank. Vs. paper checks, employers have less processing and less paper used in each payroll cycle. For these unbanked/underbanked employees, a prepaid payroll card helps them get fast access to their pay, without the hassle of cashing their paycheck.